$30M round in Apr 2023 at $800M from Jump Crypto and Multicoin, parallel-EVM Cosmos L1 that promised Solana throughput with Ethereum compatibility. Launched mainnet with zero live dApps in Aug 2023 and one of the most generous airdrops of the cycle. Pumped to $3.7B on the v2 announcement, then held the record for the fastest L1 to a -90% drawdown from its peak..